You can open the Division Of Assets Agreement Template in multiple formats, including PDF, Word, and Google Docs.
Division Of Assets Agreement Template Printable | Editable FormSample
[Name of Party A]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
[Name of Party B]
[Party B’s ID]
[Party B’s Address]
This document serves to formalize the agreement for the division of assets between Party A and Party B following the dissolution of their partnership, effective [Effective Date].
The parties agree that the assets to be divided include but are not limited to: [Specify assets, e.g., real estate, vehicles, bank accounts, etc.].
The assets shall be appraised to determine their fair market value, and this valuation will be conducted by an independent third party chosen by both parties.
The parties agree to allocate the assets as follows: [Specify how assets will be divided, e.g., 50/50 split, specific items to each party, etc.].
If any party is entitled to receive cash payments for their share, the payment terms shall be outlined as follows: [Specify amounts and payment schedule].
In the event of a disagreement over asset division, both parties agree to submit the issue to mediation before pursuing legal action.
This agreement will be governed by the laws of [Jurisdiction].
[Signature of Party A]
[Name of Party A]
[Signature of Party B]
[Name of Party B]
[Name of Party A]
[Party A’s ID]
[Party A’s Address]
[Party A’s Phone]
[Party A’s Email]
[Name of Party B]
[Party B’s ID]
[Party B’s Address]
This agreement outlines the terms for the division of assets owned jointly by Party A and Party B as of [Effective Date].
The parties agree to the following joint assets: [List all joint assets and their respective values].
Assets will be divided based on the methodology agreed upon, including criteria such as necessity, usage, and emotional value.
In cases where a more equitable division results in monetary adjustments, the parties agree on a settlement amount: [Specify amount and payment terms].
Both parties acknowledge that they will be responsible for their respective tax liabilities and any associated costs resulting from the division of assets.
This agreement precludes any future claims or disputes related to the jointly owned assets outlined herein.
This agreement will be governed by the laws of [Jurisdiction].
[Signature of Party A]
[Name of Party A]
[Signature of Party B]
[Name of Party B]
Form
Please complete the form below to create the Division Of Assets Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step. Division Of Assets Agreement Template 1. Parties Information 2. Agreement Date 3. Description of Assets 4. Proposed Division of Assets 5. Valuation of Assets 6. Liabilities 7. Dispute Resolution 8. Confidentiality Terms 9. Signatures and Acceptance 10. Declaration and Signatures
PDF
WORD
Division Of Assets Agreement Template Printable | Editable FormPrintable
